openPR Logo
Press release

Overview of Global GMO Soybean Market: Size, Trends, Share and Growth Forecast till 2026

03-30-2018 08:14 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

FACT.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “GMO Soybean Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2026” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the globalGMO Soybean Market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2022.

Request For Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=426

Genetically modified organisms (GMO) soybeans have gained immense traction in the recent past, owing to their potential to alleviate hunger and poverty worldwide. However, researchers from the Food and Agriculture Program have stated that real impacts of GMO soybean deserve in-depth assessment. Amount of agricultural land utilized for producing GMO food such as GMO soybean has surged over the past few years, with majority of producers being situated in the U.S., Canada, India, Brazil and Argentina.

GMO soybeans have their genetic materials engineered via biotechnologies for engulfing enhanced and new characteristics such as drought tolerance, enhancement of certain nutrients, insect resistance and herbicide tolerance. Benefits of utilizing biotechnologies for production of GMO soybeans include saving efforts & time and curtailing market risks for farmers, rather than enhancing productivity by improving yield. Currently, demand for GMO soybeans is primarily driven by rapid adoption in animal feed as well as in the form of GMO soybean oil worldwide. Although cultivating herbicide-tolerant soybean has lower risks to environment, the benefits are being restrained by herbicide resistance being developed in weeds. GMO soybeans are one of the most utilized genetically modified plants across the globe, with majority of the applications in livestock feed and oil production. With demand for soybeans increasing globally as a protein source, GMOs hold potential benefits for producers.

According to Fact.MR, the global GMO soybean market will register a splendid 14.3% CAGR during the period 2017 to 2026. Approximately 600,000,000 metric ton of GMO soybean will be sold around the world by 2026-end.

Browse Full Report with TOC @https://www.factmr.com/report/426/gmo-soybean-market

North America to Remain Dominant in the Market

In terms of volume as well as value, North America will remain dominant in the global GMO soybean market. GMO soybeans already have high popularity among North American consumers. GMO soybeans in North America have improved resistance to insects and weeds, which in turn helps the farmers to boost productivity. Structure of some government insurance programs complement the productivity by providing farmers with more incentives for planting GMO seeds such as those of GMO soybeans.

The European Commission has approved an array of GMO products such as GMO soybeans, although the pace of approvals has been relatively slow. European livestock and feed manufacturing industry has a keen interest in authorization of GMO soybean imports, as soybean is considered to be a source of high-quality and protein-rich feed. Europe will remain the second largest market for GMO soybean, in terms of volume as well as value.

Food is expected to remain the largest application of GMO soybean, in terms of value. Revenues from sales of GMO soybean for application in food are projected to account for nearly half market share by 2026-end. Biodiesel and feed will also remain lucrative applications of GMO soybean.

In terms of value, direct sales are anticipated to be the fastest expanding sales channel for GMO soybean, closely trailed by modern trade. These two sales channel will spearhead the global market for GMO soybean during the forecast period, in terms of revenues. Based on trait, stacked (HT+IT) and herbicide tolerant GMO soybean will remain sought-after in the market, with revenues collectively estimated to surpass US$ 320,000 Mn by 2026-end.

Competition Tracking

Key market players tracked by the report include AgReliant Genetics LLC, BASF SE, Bayer CropScience, Dow Agroscience, E.I DuPont De Nemours and Company, Canterra Seeds Holdings Ltd., Syngenta AG, Groupe Limagrain Holdings SA, and Monsanto Company.

Check Discount @ https://www.factmr.com/connectus/sample?flag=D&rep_id=426

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Overview of Global GMO Soybean Market: Size, Trends, Share and Growth Forecast till 2026 here

News-ID: 998713 • Views: 177

More Releases from Fact.MR

Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of

All 5 Releases


More Releases for GMO

GMO Soybean Market Estimated to Flourish at by 2026
Global market for GMO soybean will continue to be influenced by its increasing adoption for use as animal feedstock, and for production of GMO soybean oil. However, GMO soybean oil has been witnessed to be harmful for liver functioning. This may hinder adoption of GMO soybean significantly. This report, published by XploreMR, provides in-depth analysis of the global GMO soybean market for the forecast period 2017-2026, and offers key
GMO Soybean Market Via Indepth Qualitative Insights 2017-2022
A new research study published by Fact.MR projects the global GMO soybean market to record an impressive 8.2% CAGR, in terms of volume, over the forecast period, 2017 to 2026. More than US$ 410,000 Mn worth of GMO soybean are poised to be sold across the globe by 2026-end. Biotechnologies help Farmers Producing GMO Soybeans in Reducing Market Risks and Production Time Adoption of genetically modified organisms (GMO) soybean has surged considerably since the
Silage Corn Seed Market Report 2018: Segmentation by Product (GMO, Non-GMO, Othe …
Global Silage Corn Seed market research report provides company profile for Limagrain, Dow AgroSciences, Bayer, Denghai, China National Seed Group, Advanta, DuPont Pioneer, Monsanto, Syngenta, KWS and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025,
Non GMO Yogurt Market Intelligence with Competitive Landscape
Non-GMO and organic foods, apart from natural food stores, Non-GMO products now came in mainstream and sold in major supermarkets nationwide. It has been noticed, consumer is demanding more organic & Non GMO products. Non-GMO yogurt is where the presence of toxic persistent pesticides, artificial hormones and antibiotics, for production of the milk is zero. The use of Non-GMO reached nearly 11% on food and beverages since 2013, the demand
Global GMO Seed Sales Market Report 2017
The Global GMO Seed Sales Market Report 2017 is a professional and in-depth study on the current state of the GMO Seed industry. Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The GMO Seed market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. Secondly, development policies and plans are discussed as well as manufacturing processes and cost
Major Driving Factors for Non-GMO Papaya Seed Market
Non-GMO Seed refers to a seed which consists of Non-GMO (Non Genetically Modified) components in the range of 99.1% to 100% whereas rest can be GMO components, ingredients or qualities. Non-GMO Seeds helps in maintaining the underlying basis for organic agriculture and interaction of the ecological effects of the inputs into our food supply. Non-GMO Seeds are preferred over GMO seeds because of the negative impact of GMO seeds on